Press release
Organic Substrate Packaging Material Market Size, Share, Industry Trends & Growth 2023-2028
The latest report by IMARC Group, titled " ๐๐ซ๐ ๐๐ง๐ข๐ ๐๐ฎ๐๐ฌ๐ญ๐ซ๐๐ญ๐ ๐๐๐๐ค๐๐ ๐ข๐ง๐ ๐๐๐ญ๐๐ซ๐ข๐๐ฅ ๐๐๐ซ๐ค๐๐ญ: ๐๐ฅ๐จ๐๐๐ฅ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ซ๐๐ง๐๐ฌ, ๐๐ก๐๐ซ๐, ๐๐ข๐ณ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐๐๐๐-๐๐๐๐", The global organic substrate packaging material market size reached US$ 14.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 19.0 Billion by 2028, exhibiting a growth rate (CAGR) of 4.4% during 2023-2028.Organic substrate packaging materials find utility in semiconductor applications and manufacturing processes. They serve as the foundational layer in printed circuit boards (PCBs), facilitating conductive interconnections between semiconductors and PCBs. These materials possess a lightweight nature, contributing to the reduction of PCB weight, thereby enhancing functionality and dimensional precision. Furthermore, they offer notable reliability and improved electrical performance while effectively managing signal, heat, and power distribution. Comprising organic small molecules or polymers, they contribute to mitigating the environmental impact associated with PCBs. Consequently, organic substrate packaging materials are extensively utilized across various sectors including automotive, healthcare, consumer electronics, and manufacturing.
๐ ๐จ๐ซ ๐๐ง ๐ข๐ง-๐๐๐ฉ๐ญ๐ก ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ฒ๐จ๐ฎ ๐๐๐ง ๐ซ๐๐๐๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ:https://www.imarcgroup.com/organic-substrate-packaging-material-market/requestsample
Organic Substrate Packaging Material Market Trends and Drivers:
The market is primarily driven by the rising demand for organic substrate packaging materials in several industries. In addition, the increasing product use in portable electronic devices due to the growing environmental awareness on sustainable development is contributing to the market growth. In line with this, the significant expansion in the food and beverage (F&B) industry resulted in the escalating demand for biodegradable and compostable packaging materials. Moreover, continuous technological advancements in packaging, such as quad-flat packages (QFP), dual in-line packages (DIP), small outline (SO) projects, flat no-leads packages, and grid arrays (GA) packages, represent another major growth-inducing factor. Besides this, the widespread product adoption in self-driving vehicles for millimeter-wave automotive radar systems to detect obstacles, is creating a positive market outlook.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Technology:
โข Small Outline (SO) Packages
โข Grid Array (GA) Packages
โข Flat no-leads Packages
โข Quad Flat Package (QFP)
โข Dual in-line Package (GIP)
โข Others
Breakup by Application:
โข Consumer Electronics
โข Automotive
โข Manufacturing
โข Healthcare
โข Others
Market Breakup by Region:
โข North America (United States, Canada)
โข Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โข Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โข Latin America (Brazil, Mexico, Others)
โข Middle East and Africa
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ ๐ฐ๐ข๐ญ๐ก ๐๐๐:https://www.imarcgroup.com/organic-substrate-packaging-material-market
Competitive Landscape with Key Player:
โข Amkor Technology Inc.
โข ASE Kaohsiung (Advanced Semiconductor Engineering Inc.)
โข Compass Technology Co. Ltd.
โข Hitachi Chemical Company Ltd. (Hitachi and Showa Denko)
โข Kyocera Corporation
โข Mitsubishi Corporation
โข NGK Spark Plug Co. Ltd.
โข Shinko Electric Industries Co. Ltd. (Fujitsu)
โข STATS ChipPAC Pte. Ltd. (Jiangsu Changjiang Electronics Tech. Co.)
โข WUS Printed Circuit Co. Ltd.
๐๐จ๐ญ๐: ๐๐ ๐ฒ๐จ๐ฎ ๐ง๐๐๐ ๐ฌ๐ฉ๐๐๐ข๐๐ข๐ ๐ข๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐ญ๐ก๐๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐๐ฎ๐ซ๐ซ๐๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ ๐ฌ๐๐จ๐ฉ๐ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ ๐ข๐ญ ๐ญ๐จ ๐ฒ๐จ๐ฎ ๐๐ฌ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐ญ๐ก๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง.
๐๐ญ๐ก๐๐ซ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐๐๐ ๐๐ซ๐จ๐ฎ๐ฉ :
โข https://www.imarcgroup.com/electric-kick-scooter-market
โข https://www.imarcgroup.com/abrasive-blasting-nozzle-market
โข https://www.imarcgroup.com/intrauterine-devices-market
โข https://www.imarcgroup.com/lane-departure-warning-system-market
โข https://www.imarcgroup.com/ediscovery-market
โข https://www.imarcgroup.com/ophthalmic-lasers-market
โข https://www.imarcgroup.com/clinical-trial-supplies-market
โข https://www.imarcgroup.com/low-calorie-sweetener-market
โข https://www.imarcgroup.com/digital-marketing-software-market
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145 |United Kingdom: +44-753-713-2163
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARCs information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the companys expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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